RMS Value and Average Power
Find the DC that heats the same
The curve is a sinusoidal voltage, and the horizontal line drawn across it is the RMS value. Raise the amplitude: the peaks climb all the way to the amplitude, yet in terms of heating a resistor the wave equals a single DC value smaller than the amplitude. Set the amplitude so that this RMS value reaches the target of 220V.
Instantaneous power keeps sloshing
The instantaneous power delivered to a resistor is the voltage at that instant squared and divided by the resistance, v²/R. When the voltage passes through 0 the power is 0 too, and at the peaks the power is greatest. Because of the square, the power is always positive even when the voltage is negative. To describe this fluctuating power with one value, you have to average it over a full cycle.
The mean of the square is one half
For a sine wave v = V_peak sin, the square swings between the peak V_peak² and 0, and its average over one cycle is exactly half of V_peak². The average power is therefore (V_peak²/2)/R. To write this like DC as P = V_rms²/R, we define V_rms² = V_peak²/2, which means V_rms = V_peak/√2.
The RMS value is the equivalent DC
The real meaning of the RMS value is the DC voltage that delivers the same average power to the same resistor. A 220V AC supply heats a lamp exactly as much as 220V DC would. So when mains voltage is called 220V, it refers not to the peak (about 311V) but to this RMS value. Converting to RMS makes AC power calculations as simple as DC ones.
Back to the first screen
As you raised the amplitude, the RMS line always followed √2 times below the peak, and the RMS value reached 220V when the peak was about 311V. Though the waveform swings without rest, in its ability to heat a resistor it was exactly the same as a single DC value of 220V. Translating the swinging into DC with a single number, the RMS value, makes AC power easy to handle.